None
EN
Manufacturers to help inspect 18,000 tyres seized in MACC raids
['Fmt Reporters']
Headlines | Latest | Malaysia | Top Stories | Local News
On Monday, MACC uncovered a tyre smuggling syndicate and forged import-export documents believed to have caused an estimated RM350 million in tax losses since 2020.
(Bernama pic)PETALING JAYA : International tyre manufacturers will help inspect and verify the authenticity of about 18,000 tyres seized by the Malaysian Anti-Corruption Commission on Monday.
The source said the smuggling activities had been under close MACC surveillance for about six months before the large-scale operation was launched.
On Monday, MACC uncovered a tyre smuggling syndicate and forged import-export documents believed to have caused an estimated RM350 million in tax losses since 2020.
In simultaneous raids, MACC targeted tyre import companies, warehouses and storage containers, and froze private and company bank accounts totalling about RM70 million.